Tag: WhatsApp marketing

  • “We ensure that every campaign carries a clear, compelling message”: Adbuffs’s Ananya Roy

    “We ensure that every campaign carries a clear, compelling message”: Adbuffs’s Ananya Roy

    Mumbai: Adbuffs is a Kolkata-based digital-first performance marketing agency which automates digital advertisements for businesses to deliver tangible results. The brand is endeavouring to carve a niche in the D2C marketing industry with its laser focus on launching and scaling eCommerce brands worldwide, accelerating growth for their eCommerce companies’ partners.

    The agency offers a plethora of services related to Facebook & Instagram Ads, Google Ads, Amazon Ads, Email Marketing, WhatsApp Marketing, Creatives and a secondary line of services including Quora, Building Shopify and WooCommerce sites, and Influencer Consultation.

    Being in a robust client-oriented sector and with high thriving competition, the agency’s diligent work by their team of 80 professionals has sailed their boat through the waters. In this era of the talent war, the top marketing agency has thrived hard to maintain a positive culture with high retention rates.

    Within the short span of four years, the company’s strength has grown from 6 to 100 and has successfully served 200+ D2C brands and clients.

    Looking ahead, Adbuffs is poised for even greater accomplishments, with an anticipated growth rate of 80% in the fiscal year 2023-24. Bolstered by its solid foundation and unwavering vision, the company is well-equipped to navigate the challenges of the digital landscape and emerge victorious.

    Indiantelevision.com caught up with Adbuffs media buying manager Ananya Roy, where she shared numerous insights of their agency…

    Edited excerpts

    On Adbuffs setting apart from traditional marketing agencies and its approach towards digital-first strategies

    What truly differentiates Adbuffs from traditional marketing agencies is our creative-first philosophy woven into a digital-first approach. In a landscape where every brand’s fight for attention is unique, Adbuffs understands that a bespoke plan of attack is crucial. We don’t just apply standard strategies; we create narratives that encapsulate a brand’s essence and speak directly to its audience.

    Our methodology begins with a deep dive into the brand’s existing ecosystem, dissecting data to uncover what works and pinpointing untapped opportunities. This rigorous analysis ensures that the strategies we deploy are not only creative but grounded in hard evidence of what resonates with the target market.

    The digital-first lens through which we view the marketing world isn’t just about being online; it’s about thinking in terms of connectivity, real-time engagement, and leveraging data insights to craft campaigns that are as effective as they are inventive. This approach isn’t limited to digital execution; it permeates every aspect of our planning, from ensuring technical integrations are seamless to interpreting analytics for a continuous cycle of improvement.

    Adbuffs’ culture celebrates experimentation, encouraging a test-and-learn environment that’s agile and responsive. This mindset allows us to stay ahead of trends and adapt to the ever-evolving digital space, ensuring that clients’ brands don’t just compete but set the pace in their respective industries.

    In summary, Adbuffs isn’t just a marketing agency; it’s a digital powerhouse that uses creativity and a digital-first approach to build powerhouse brands ready to dominate the digital arena.

    On the agency tailoring its strategies to target specific audiences and demographics effectively

    At our agency, we craft our strategies by focusing on three key elements: creative personas, thematic creatives, and message-driven approaches.

    Firstly, we build detailed creative personas—these are like sketches of the specific groups of people we want to reach. By understanding their interests, behaviors, and preferences, we can tailor our content to resonate with them on a personal level.

    Next, we develop creatives that are not just visually appealing but also follow a theme that speaks to our target demographic. This thematic approach ensures that our campaigns are cohesive and tell a story that aligns with the audience’s values and interests.

    Lastly, we ensure that every campaign carries a clear, compelling message. This message-driven approach guarantees that our ads do more than just grab attention—they also communicate the brand’s message in a way that’s relevant and engaging to the specific audience we’re targeting.

    By combining these elements, we create campaigns that effectively connect with different audiences and demographics, turning viewers into loyal customers.

    On specific tools you use to optimize campaign performance

    We use internal reporting tools & google sheets to get daily reports.

    On any innovative approach that Adbuffs employs to stay ahead in the competitive digital marketing landscape

    Adbuffs integrates a deeper level of financial analysis into our marketing strategies by focusing on key financial metrics such as COGS (Cost of Goods Sold), CM1 (Contribution Margin 1), and CM2 (Contribution Margin 2). This enhanced Finance & Marketing approach ensures we’re not just driving revenue, but also improving the bottom line for our clients.

    Here’s the expanded approach with this integration:

    Financially-Driven Decision-Making: Beyond ROI, we examine how marketing efforts impact overall financial health, scrutinizing metrics like COGS to ensure marketing spend translates into profitable growth.

    Budget Optimization with COGS in Mind: Understanding the cost of goods sold helps us better allocate marketing budgets, ensuring that we’re promoting products with a favorable cost structure and high potential for profit.

    Data-Driven Insights Into Profitability: By analyzing CM1 and CM2, we gain insights into the direct contribution of marketing efforts towards covering fixed costs and generating profit. This allows us to prioritize campaigns that significantly lift these margins.

    KPI-Focused Campaigns Aligned with Financial Health: Our marketing KPIs are directly aligned with financial metrics like CM1 and CM2, ensuring that we’re not just driving sales, but are also enhancing the profitability of each sale.

    Risk Management Through Financial Metrics: By keeping a close eye on COGS, CM1, and CM2, we manage the risk associated with marketing investments more effectively, adjusting strategies to maintain or improve these key financial indicators.

    Strategic Investment Based on CM1 and CM2: We strategically invest in marketing channels and campaigns that have proven to improve CM1 and CM2, ensuring that marketing efforts are directly contributing to the economic value of the business.

    Incorporating these financial metrics into our strategy not only sets Adbuffs apart in the digital marketing field but also aligns marketing initiatives closely with our clients’ overall business performance, ensuring that every campaign we run is a step towards greater profitability.

    On the future of generative AI as it is still in its infancy stage

    The future of generative AI, particularly in its application to digital marketing, is poised to revolutionize how businesses understand and interact with their customers, especially through advanced metrics like Customer Lifetime Value (LTV) and Customer Cohorts analysis. Here’s a more detailed look into its potential impact:

    Deepening Customer LTV Understanding: Generative AI can process vast amounts of data to predict Customer Lifetime Value with greater accuracy. By analyzing customer behavior, purchase history, and engagement patterns, AI can identify key factors that influence LTV. Marketers can use these insights to tailor strategies that enhance customer retention, optimize acquisition costs, and increase overall profitability.

    Segmentation and Personalization through Customer Cohorts: With generative AI, marketers can create more nuanced customer cohorts based on a variety of behaviors and preferences. This segmentation enables highly personalized marketing campaigns, product recommendations, and content delivery that resonates with each group. AI’s ability to continuously learn and adjust these cohorts in real-time means marketing efforts can become more targeted and effective over time.

    Automating and Optimizing Customer Journeys: By leveraging insights from Customer LTV and Cohort analysis, generative AI can automate personalized customer journeys at scale. From the initial point of contact through various touchpoints to post-purchase follow-ups, AI can ensure that every interaction is optimized for individual customer needs and preferences, significantly enhancing the customer experience.

    Predictive Analytics for Strategic Decision Making: The predictive capabilities of generative AI extend beyond marketing tactics to strategic decision-making. Understanding Customer LTV and Cohort behaviors helps businesses allocate resources more efficiently, develop products that better meet customer needs, and identify potential market opportunities before they become obvious.

    Ethical Data Use and Customer Trust: As businesses rely more on AI for Customer LTV and Cohort analysis, maintaining ethical standards in data use becomes crucial. Generative AI must be deployed in ways that respect customer privacy and build trust, ensuring that personalization efforts are perceived as valuable rather than intrusive.

    Enhanced ROI through Efficient Marketing Spend: By focusing on high-LTV customers and understanding the unique characteristics of different cohorts, businesses can optimize their marketing spend. Generative AI enables more efficient use of resources by targeting efforts where they are most likely to yield long-term returns.

    In conclusion, the integration of generative AI into digital marketing strategies, particularly through the lens of Customer LTV and Cohort analysis, promises a future where marketing is more personalized, efficient, and aligned with customer needs than ever before. As generative AI technologies evolve, they will undoubtedly become a cornerstone of successful digital marketing strategies, driving innovation and competitive advantage in a crowded marketplace.

  • #Throwback2020: OTT, WhatsApp marketing, social commerce defined growth of digital

    #Throwback2020: OTT, WhatsApp marketing, social commerce defined growth of digital

    MUMBAI/NEW DELHI: It is needless to say that digital was somewhat less impacted than any other medium in 2020. The pandemic, in fact, propelled the adoption of digital across industries because of its sheer acceptance and obvious advantages. Though we expected digital to grow at the rate of 27 per cent in 2020, as highlighted by a dentsu International report that was launched before the Covid outbreak, it is now speculated that the industry growth will be around 13-16 per cent over 2019. Having said that, digital is by far the only medium to see positive double-digit growth in this period. 

    This can be contributed to all the facets within the digital industry experiencing a significant boost – be that social, content, search or streaming. However, OTT platforms were by far the most popular source of entertainment during the lockdown, with 70 per cent of respondents saying so, according to the OTT report by Dentsu Marketing Cloud – Dentsu International. With new users joining social media platforms every day and even more so during the pandemic, its popularity is ever on the rise. 

    WATConsult’s report ‘Digital, Diverse & Multilingual India’ states that just three social media apps – Facebook, WhatsApp and Instagram – are responsible for a whopping 76 per cent usage by the people. With increasing internet adoption and penetration, we saw brands altering their content too, to maximise their reach. Also, in terms of brands' expenditure, spends on social media, online videos and paid search are among the highest in the digital sphere. 

    Another big trend that got into the limelight this year was Whatsapp marketing. As small-scale stores, kirana shops, local businesses, etc took a huge hit during the nationwide lockdown, they utilised the platform quite skilfully in order to stay digitally connected to their consumers and promote their products and services. 

    Social commerce too gained more traction because of similar reasons. Home deliveries increased significantly, and not just by the big brands and e-commerce platforms, but rather by local businesses and new entrants in the fashion and apparel industry, who were seen offering delivery options for a convenient and safe environment for consumers. 

    Programmatic advertising was also on a disruptive ride with new technologies such as artificial intelligence, machine learning, voice search and digital OOH attracting most advertisers. The rapid increase in mobile usage and internet penetration has led to more than 70 per cent of digital media spends being directed towards mobile devices. Voice assistants have increasingly gained much traction on smartphones, in fact, 60 per cent of people use them to give voice commands, as per WATConsult’s report, ‘Voice technology in India: Now and Future’. So, if one has to see the spends on these platforms, online video and social media on mobile devices are speculated to register an encouraging growth, amongst others, in 2020. In the past few years, India has witnessed a rapid technological boom which has indeed, led to reformations and emergence of voice technology in the country. 

    Also, according to the aforementioned report, speech and voice recognition technology market stood at Rs 149.95 crore by the end of 2019. It played a crucial part in the functioning of several industries, like voice-bots answering queries and helping to build better customer relations in the BFSI sector; educational institutes and educators employing voice-enabled technology as a promising tool, for example, Google’s ‘Bolo’ application; 49 per cent consumers making purchases with the aid of a voice assistant in the consumer product and retail industry. Furthermore, we expect it to grow at 40.83 per cent CAGR to reach a market size of Rs 417.51 crore by 2022, witnessing a growth of 2.8X.

    I expect 2021 will be one of the best years for the digital industry, simply because of what 2020 has been like. This year tremendously pushed the advancement of digital, as both marketers and consumers gravitated towards it as the much-needed alternative for the traditional means in light of the pandemic. This led digital to reach the masses on a newer and much deeper level and allowed people to appreciate the multitude of benefits it has to offer. The pandemic also changed people’s view of digital from being a luxury to a necessity, hence making it a much more significant fixture in the daily lives of millions of people. 

    (Heeru Dingra is the CEO of WATConsult. This is an excerpt from a conversation she had with Indiantelevision.com’s Mansi Sharma.)